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eMinds Legal Advocates & Solicitors

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.


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Articles by eMinds Legal

Standardization and Simplification of Procedures for Transmission of Securities

CIRCULAR SEBI/HO/MIRSD3/CIR/P/2016/0000000085 September 15 , 2016 To All recognized Stock Exchanges All Registrars to an Issue and Share Transfer Agents registered with SEBI All Depositories, Sir / Madam, Sub: Standardization and Simplification of Procedures for Transmission of Securities 1. With a view to make the process of transmission of securities more efficient and investor friendly,… Read More

Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions – Issuance of EMV Chip and PIN Cards

RBI/2016-17/63 DPSS.CO.PD No.812/02.14.003/2016-17 September 15, 2016 All Scheduled Commercial Banks including RRBs/ Co-operative Banks / State Co-operative Banks/ Central Co-operative Banks/ Authorised Card Payment Networks Dear Madam / Sir, Security and Risk Mitigation Measures for Card Present and Electronic Payment Transactions – Issuance of EMV Chip and PIN Cards A reference is invited to our… Read More

Clarifications on the Direct Tax Dispute Resolution Scheme, 2016

Circular No.33 of 2016 F.No.142/11/2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) *** Dated: 12th September, 2016 Clarifications on the Direct Tax Dispute Resolution Scheme, 2016 The Direct Tax Dispute Resolution Scheme, 2016 (hereinafter referred to as ‘the Scheme’) incorporated as Chapter X of the Finance… Read More

Clarification on tax audit report date extension

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi Dated the 14th of September, 2016 Clarification req. u/s 119 of the Income-tax Act, 1961 dated 9th September 2016 Central Board of Direct Taxes, vide order u/s 119 of the Income-tax Act, 1961 (Act) dated 9th September, 2016, has… Read More

Cabinet approves grant of Permanent Residency Status to Foreign Investors

Press Information Bureau Government of India Cabinet 31-August-2016 13:23 IST Cabinet approves grant of Permanent Residency Status to Foreign Investors The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi has approved the scheme for grant of Permanent Residency Status (PRS) to foreign investors subject to the relevant conditions as specified in the… Read More

Master Direction- Non-Banking Financial Company – Account Aggregator (Reserve Bank) Directions, 2016

RBI/DNBR/2016-17/46 Master Direction DNBR.PD.009/03.10.119/2016-17 September 02, 2016 Master Direction- Non-Banking Financial Company - Account Aggregator (Reserve Bank) Directions, 2016 The Reserve Bank of India, (the Bank), in exercise of the powers conferred under section 45JA of the Reserve Bank of India Act, 1934 (hereinafter referred to “the Act”), and of all the powers enabling it… Read More

MCA releases new Forms 20B and 23AC

Forms 20B and 23AC were recently revised on MCA21 Company Forms Download page. Stakeholders are advised to check the latest version before filing. Read More

Amendment to Schedule V of Companies Act, 2013

The Ministry of Corporate Affairs has issued Notification for amendment to Schedule V of Companies Act, 2013 dated 12th September, 2016 Amendment to Schedule V of Companies Act, 2013 Read More

GST Implementation Classroom (Mumbai & Chennai)

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Relaxation of additional fees for filing Form IEPF-1

General  Circular  No 10/2016 No.05/05/2016-IEPF Government of India Ministry of Corporate Affairs 5th Floor, “A” Wing, Shastri bhawan, Dr. R.P. Raod, New Delhi-110001 Dated: - 07.09.2016 To The  IEPF Authority, All Regional Directors, All Registrar of Companies, All Stakeholders, Subject: Relaxation of additional fees for filing Form IEPF-1 Sir, The  Ministry  had deployed the  V2R2 … Read More

Companies (Mediation and Conciliation) Rules

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION(i)] GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 9th September, 2016 G.S.R(E)- In exercise of the powers conferred under section 442 read with section 469 of the Companies Act, 2013(18 of 2013), the Central Government hereby makes the… Read More

MCA releases Commencement notification dated 09.09.2016

[To be published in the Gazette of India, Extraordinary Part II, Section 3, Sub-Section(ii)] Government of India Ministry of Corporate Affairs Notification New Delhi, the 9th September, 2016 S.O.____(E).-In exercise of the powers conferred by sub-section(3) of section 1 of the Companies Act, 2013(18 of 2013), the Central Government hereby appoints 9th September, 2016 as… Read More

Landmark day for the Indian Economy as the GST Bill receives President’s Assent

With the Goods and Service Bill, 2014 receiving the Presidential Assent, the Government’s plan to standardize all indirect taxes Pan-India has finally been formalized. The Bill bringing with it an amendment to the Constitution as well, seeks to reform the tax structure in the country by aggregating the Government revenue through taxes under one head.… Read More

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